Ameren Corp (AEE)
Inventory turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 4,707,000 | 4,790,000 | 4,671,000 | 4,442,000 | 4,396,000 | 4,488,000 | 4,771,000 | 4,771,000 | 4,614,000 | 4,230,000 | 3,862,000 | 3,669,000 | 3,403,000 | 3,195,000 | 3,083,000 | 2,958,000 | 2,936,000 | 2,987,000 | 3,014,000 | 3,092,000 |
| Inventory | US$ in thousands | 762,000 | 792,000 | 740,000 | 679,000 | 733,000 | 760,000 | 711,000 | 630,000 | 667,000 | 695,000 | 600,000 | 520,000 | 592,000 | 595,000 | 527,000 | 467,000 | 521,000 | 557,000 | 514,000 | 471,000 |
| Inventory turnover | 6.18 | 6.05 | 6.31 | 6.54 | 6.00 | 5.91 | 6.71 | 7.57 | 6.92 | 6.09 | 6.44 | 7.06 | 5.75 | 5.37 | 5.85 | 6.33 | 5.64 | 5.36 | 5.86 | 6.56 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $4,707,000K ÷ $762,000K
= 6.18
The inventory turnover ratio for Ameren Corp, which measures the efficiency of the company in managing its inventory, has shown fluctuations over the periods provided in the data.
From March 31, 2020, to December 31, 2021, the inventory turnover ratio ranged between 5.36 to 6.56, indicating that Ameren was able to turn over its inventory approximately 5 to 7 times during these periods. This suggests that the company efficiently managed its inventory levels and was able to sell through its inventory multiple times.
During the period from March 31, 2022, to December 31, 2024, the inventory turnover ratio further varied between 5.91 to 7.57, with the highest turnover ratio observed in the first quarter of 2023. This demonstrates an improvement in inventory management efficiency, as the company was able to sell through its inventory more times compared to the previous periods.
Overall, Ameren Corp's inventory turnover ratio indicates that the company has been effectively managing its inventory levels and maintaining a balance between stocking enough inventory to meet demand without excess buildup. The increasing trend in the inventory turnover ratio over the periods analyzed suggests improved efficiency in handling inventory, which is a positive indication for the company's operational performance and financial health.
Peer comparison
Dec 31, 2024
Dec 31, 2024